"Activity picked up following
Basel 3 implementation in January 2014, with issuance to date limited to the local market amid more favorable pricing for the banks and healthy domestic demand from institutional investors and trust accounts," said Fitch.
The world's first
Basel III compliant sukuk was issued in November 2012 by Abu Dhabi Islamic Bank (ADIB) in UAE.
The main objective of
Basel III is to improve the quality of risk management in the banking sector, which in turn will enhance the stability of the financial system as a whole.
In spite of the difference in terminologies, these very principles have found their way at the global level, particularly in international multilateral agreements, such as the
Basel Convention.
During the presentation of the award, the presenter called the player "a superhero" for
Basel's supporters.
"In London
Basel won us with a strategic move and in
Basel they have scored a goal at the end with a long ball.
In 2010, its members adopted the
Basel III rules to strengthen the banking sector's resilience.
Vietnam's banking system complies with
Basel II Capital Standard according to the basic method.
Held at Volkshaus
Basel, the event is the first international fair in Switzerland specific to photography-based art.
Basel's prosperity was associated first with silk weaving then with dyeing and both economic mainstays went on to evolve into the pharmaceutical and chemical industry which laid the foundations for its reputation as the country's wealthiest city.
Basel III is a set of measures developed by the
Basel Committee on Banking Supervision.
Basel has a whopping number of museums (almost 40!) in this small, beautiful city.